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they're among the leaders the obama administration is turning to for advice on everything from the deficit to taxes to the broader economy. >>> then, after we talk to them, they're going to paint a picture for us, we're going to turn to two powerful investors for insight into what the conversation in washington means for the broader markets. cowen and company ceo jeff solomon will join us, and the bond king, bill gross. first, steve will bring us up to speed on the morning's top stories. steve? >> thank you, michelle. disney posting better than expected earnings and revenues after the bell. the company says it expects the next few quarters to be better on a stronger lineup of films and growing attendance at its theme parks. ceo bob iegory was on cnbc's "closing bell." >> you had a lot of ins and outs. basically, the trendser good. we had strong results at our domestic parks. the bookings have been pretty solid. advertising was okay. and generally speaking, our business performed well. and our interactive media group was profitable for the quarter. that's the first time the group has been p
they're among the leaders the obama administration is turning to for advice on everything from the deficit to taxes to the broader economy. >>> then, after we talk to them, they're going to paint a picture for us, we're going to turn to two powerful investors for insight into what the conversation in washington means for the broader markets. cowen and company ceo jeff solomon will join us, and the bond king, bill gross. first, steve will bring us up to speed on the morning's top...
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Feb 6, 2013
02/13
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they're looking at the looming obligations of obama care. and it's a flat unemployment rate that is almost like nobody's talking about it anymore in the administration. we have still an almost 8% unemployment. and if we don't get hold of this deficit, our economy is going to get more and more flat. so i think we've got to come to grips with the fact that we must cut spending and we must also look at entitlements or we'll never get to where we have to. >> but i would add one to that. i'm all for the spending cuts because i think smaller government is good for growth. i'd like to see tax reform. i'd like to see house wave way means committee drum up something, i think business tax reform both large and small companies will get lower tax rates. we need growth. we won't slam our way through this by cutting the budget. we need economic growth. that would lower the deficit and spending substantially. >> yes, we would get more revenue if more people were working and paying taxes. >> every single point above the baseline in gdp over ten years is wor
they're looking at the looming obligations of obama care. and it's a flat unemployment rate that is almost like nobody's talking about it anymore in the administration. we have still an almost 8% unemployment. and if we don't get hold of this deficit, our economy is going to get more and more flat. so i think we've got to come to grips with the fact that we must cut spending and we must also look at entitlements or we'll never get to where we have to. >> but i would add one to that. i'm...
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Feb 6, 2013
02/13
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in response, top officials in the obama administration argued their actions are justified and legal. >> primary concern is to keep the american people safe, now do so in a way that's consistent with our laws and our values. >> ifill: attorney general eric holder today defended the justice department's rationale for authorizing the killings of americans overseas. >> we are -- we have as a basis for action that we take a congressional statute that allows us to operate against al qaeda and associated entities not only in pakistan or not only in afghanistan but in other parts of the world. we say that we only take these kinds of actions when there's an imminent threat, when capture is not feasible and when we are confident that we're doing so in a they's consistent with a federal international law. >> ifill: nbc news obtained a 16-page justice department white paper apparently prepared for congressional committees last summer that describes the obama administration's legal reasoning the document said a lethal operation is legal if it targets a senior operational leader of al qaeda or an
in response, top officials in the obama administration argued their actions are justified and legal. >> primary concern is to keep the american people safe, now do so in a way that's consistent with our laws and our values. >> ifill: attorney general eric holder today defended the justice department's rationale for authorizing the killings of americans overseas. >> we are -- we have as a basis for action that we take a congressional statute that allows us to operate against al...
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Feb 6, 2013
02/13
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in the early stages of the obama administration with the stimulus and other things he was giving a lot to the republicans and getting very little in return. that's what i mean by not a very good negotiator. he was a much tougher negotiator now. >> charlie: today. learly. harlie: he learned his lesson. >> came in and said we're going to have a bipartisan government. the first two letters in bi connote two. you have to have another side. he didn't have it. >> charlie: he let the congress write the stimulus program to a degree. >> to a degree. but he's a lot better now. a lot tougher negotiator now. the communications thing was a disappointment. i thought like many of us americans did that our new president coming in in 2009 look like a great communicator. he was eloquent. he was a role model. he spoke... and he understood. it's not like he was not really understanding what was going on. he understood. but he gave very, very few speeches, only one real he'll major one, on the financial crisis. explaining what in the world happened to us. what are we going to do about it? why does that mak
in the early stages of the obama administration with the stimulus and other things he was giving a lot to the republicans and getting very little in return. that's what i mean by not a very good negotiator. he was a much tougher negotiator now. >> charlie: today. learly. harlie: he learned his lesson. >> came in and said we're going to have a bipartisan government. the first two letters in bi connote two. you have to have another side. he didn't have it. >> charlie: he let the...
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Feb 7, 2013
02/13
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administration to get tough on japan because, obviously, keeping the japanese yen so weak is giving them an unfair advantage. so if you're long nikkei or long basically exporting stocks in japan like toyota, you have to be short the yen, you have to be negative the yen. >> coming up, all aboard the market train. we're talking dow transports and why bulls are very excited to be riding the rally. >>> dow transports trekking up to an all-time high. but do the fundamentals? ♪ ♪ ♪ ♪ ♪ [ male announcer ] concept. calvin klein underwear. 360 seamless technology. [ male announcer ] concept. calvin klein underwear. if your a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acn
administration to get tough on japan because, obviously, keeping the japanese yen so weak is giving them an unfair advantage. so if you're long nikkei or long basically exporting stocks in japan like toyota, you have to be short the yen, you have to be negative the yen. >> coming up, all aboard the market train. we're talking dow transports and why bulls are very excited to be riding the rally. >>> dow transports trekking up to an all-time high. but do the fundamentals? ♪ ♪...
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in response, top officials in the obama administration argued their actions are justified and legal. >> primary concern is to keep the american people safe now do so in a way that's consistent with our laws and our values. >> ifill: attorney general eric holder today defended the justice department's rationale for authorizing the killings of americans overseas. >> we are -- we have as a basis for action that we take a congressional statute that allows us to operate against al qaeda and associated entities not only in pakistan or not only in afghanistan but in other parts of the world. we say that we only take these kinds of actions when there's an imminent threat when capture is not feasible and when we are confident that we're doing so in a they's consistent with a federal international law. >> ifill: nbc news obtained a 16-page justice department white paper apparently prepared for congressional committees last summer that describes the obama administration's legal reasoning the document said a lethal operation is legal if it targets a senior operational leader of al qaeda or an af
in response, top officials in the obama administration argued their actions are justified and legal. >> primary concern is to keep the american people safe now do so in a way that's consistent with our laws and our values. >> ifill: attorney general eric holder today defended the justice department's rationale for authorizing the killings of americans overseas. >> we are -- we have as a basis for action that we take a congressional statute that allows us to operate against al...
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with the obama administration is proposing to deal with this increase. dennis: record amount of viewers are turning in for the blackout bowl. coming up. cheryl: and take a look at oil, we are down substantially today. part of this is an inventory forecast. we will be right back. cheryl: 15 past the hour, stocks or 15 minutes. we have jeff flock standing by at the cme watching gas prices rising and a lot more. sandra standing by at the data wizard looking at earnings and charles payne showing us how to make money on pharma. first up, nicole on the floor of the new york stock exchange where the rally has taken a break down 127. nicole: it really has taken a break. we have been over the unchanged line so many times in january, making higher highs and higher lows, setting new highs like 14,000, which we all remember so well on friday. we have since taken a breather and traders expecting exactly that. so many times throughout the last couple of weeks and january kept hearing the ter term " "overbought." not a surprise for a pullback. and making new highs. i s
with the obama administration is proposing to deal with this increase. dennis: record amount of viewers are turning in for the blackout bowl. coming up. cheryl: and take a look at oil, we are down substantially today. part of this is an inventory forecast. we will be right back. cheryl: 15 past the hour, stocks or 15 minutes. we have jeff flock standing by at the cme watching gas prices rising and a lot more. sandra standing by at the data wizard looking at earnings and charles payne showing us...
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Feb 5, 2013
02/13
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KPIX
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administration wants banned. >>> switching gears, are you ready for rain? >> not really. >> i got news for you. it's coming. >> we have a couple of days to wait. >> okay. we have today. >> enjoy today and tomorrow. a blanket of clouds early on. it's keeping the temperatures from getting too cold. temperatures yesterday in the 30s and 40s. today in the 40s. so a little chilly but not as cold as yesterday and by the afternoon, well, we have a few more clouds coming our which as we have a cold front sliding in toward the bay area. high pressure kind of moving out of the way now. so this is going to help to reinforce low clouds outside. so only partial clearing toward the afternoon. and the temperatures are going to be cooler. averages 5 degrees below average in san francisco, only about 54 degrees and breezy today. about 57 degrees in san jose. and 56 degrees in livermore. we'll talk more about the possibility of some raindrops coming up in a few minutes. right now let's check the roads with gianna. >> thank you, lawrence. and they just turned the metering lig
administration wants banned. >>> switching gears, are you ready for rain? >> not really. >> i got news for you. it's coming. >> we have a couple of days to wait. >> okay. we have today. >> enjoy today and tomorrow. a blanket of clouds early on. it's keeping the temperatures from getting too cold. temperatures yesterday in the 30s and 40s. today in the 40s. so a little chilly but not as cold as yesterday and by the afternoon, well, we have a few more clouds...
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Feb 5, 2013
02/13
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a justice department memo spells ow the position of the obama administration. now the memo, justifies the targeted killing of an american who is considered a senior operational lead of al qaeda or associated group and poses an imminent threat of violent attack against the united states. want to bring in our pentagon correspondent barbara starr, joins us live here. the policy now made public. is there any reaction to the fact that now people, very clearly stated in the memo, know what it's all about? >> reporter: you know, i think this has emerged over the last couple of years, but you're right, suzanne, it is this memo that puts it out in black and white. if you're an american citizen, you can, in fact, be killed by your government overseas with no trial, no due process, if there is a -- some decision by the u.s. administration that you're engaged in terrorist activities. in fact the attorney general, eric holder, talked about this earlier today. i want you to listen to what he had to say. >> we say that we only take these kinds of actions when there's an immin
a justice department memo spells ow the position of the obama administration. now the memo, justifies the targeted killing of an american who is considered a senior operational lead of al qaeda or associated group and poses an imminent threat of violent attack against the united states. want to bring in our pentagon correspondent barbara starr, joins us live here. the policy now made public. is there any reaction to the fact that now people, very clearly stated in the memo, know what it's all...
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administration. that was a dig at anyone who thinks we can continue to litigate this issue every quarter century and be okay as a republic. >> on the subject of border security the obama administration has record deportations, nearly 400,000 in 2011. one study shows the u.s. spends $18 billion every year on immigration enforcement, more than all other federal agencies combined. what more can be done? >> well i'll give you two instances, cocaine, a kilo of cocaine today is cheaper than it was when i was a federal prosecutor so we're not doing a terribly good job keeping the drugs out and 2,000 ak-47s went to arm the mexican drug cartel. i realize you cannot her m hermedically seal the border. we have two borders so i'm talking about both of them, but from a national security standpoint, a law enforcement standpoint, from a sovereignty standpoint i don't think it's asking so much we know who is coming into our country. it's not fair to people who are following the legal process to have an unlawful proc
administration. that was a dig at anyone who thinks we can continue to litigate this issue every quarter century and be okay as a republic. >> on the subject of border security the obama administration has record deportations, nearly 400,000 in 2011. one study shows the u.s. spends $18 billion every year on immigration enforcement, more than all other federal agencies combined. what more can be done? >> well i'll give you two instances, cocaine, a kilo of cocaine today is cheaper...
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he was the president of the new york fed before joining the obama administration. so will be interesting to see what that might reveal. who said what and, you're laughing. >> you know, i'm not necessarily a big geithner fan but i think the bit will be a good seller. ashley: yeah. just out of interest. >> as long as he doesn't write anything, you know books on how to prepare your taxes. ashley: ouch. >> that would be a pamphlet really. ashley: on a postage stamp. >> i'm jealous the guy is making more money than me. ashley: of course. thank you, charles. >> see you later. tracy: it is quarter past. speaking of money we have to check on the markets. nicole petallides on the floor of the stock exchange. you're looking at some movers in the videogame sector, right? >> that's right. money, money. video fame is a big money making sector. it is intense competition. look at gamestop right now which is down 6 1/2%. sometimes great hardware, great games boost these stocks but in this case, gamestop is under pressure because xbox will launch a new xbox that requires internet.
he was the president of the new york fed before joining the obama administration. so will be interesting to see what that might reveal. who said what and, you're laughing. >> you know, i'm not necessarily a big geithner fan but i think the bit will be a good seller. ashley: yeah. just out of interest. >> as long as he doesn't write anything, you know books on how to prepare your taxes. ashley: ouch. >> that would be a pamphlet really. ashley: on a postage stamp. >> i'm...
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Feb 2, 2013
02/13
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we want to find out what you think about this policy and the move proposed by the obama administration. the numbers on the screen -- as always, you can reach out to less with social media. the addresses their for twitter @cspanwj, then facebook.com/span, or email us a c-span.org. more off the lead in washington post -- on the line to tell us more about the story is sarah cliff. welcome to the program. guest: thank you for having me. host: why this opt-out? guest: the opt-out has been an area that has challenged the ministration for all but a week -- for over a year, trying to find a balance between reproductive health and also guaranteeing religious liberty. as to the wine now part -- they have promised since about a year ago, last february, they promised religious organizations and would come up with regulations that would find a middle ground. reason we're seeing it now is because i wanted to give companies a heads up about what the compromise would look like. host: what has been the response from supporters of the president? guest: supporters of the president are happy with it. it s
we want to find out what you think about this policy and the move proposed by the obama administration. the numbers on the screen -- as always, you can reach out to less with social media. the addresses their for twitter @cspanwj, then facebook.com/span, or email us a c-span.org. more off the lead in washington post -- on the line to tell us more about the story is sarah cliff. welcome to the program. guest: thank you for having me. host: why this opt-out? guest: the opt-out has been an area...
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treasury department reported that the obama administration is looking to produce the penny with a new material to reduce the national production costs. lori: as long as they continue to calling the dollar the looney i love that. canadians have the best sense of humor. so funny, delaying sequestration, president heard a couple minutes ago, urging congress to pass a deal to delay the automatic spending cuts. ashley webster and tracy byrnes have the latest next. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. melissa:. lori: companies to places beyond it. siemens. answers. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we m
treasury department reported that the obama administration is looking to produce the penny with a new material to reduce the national production costs. lori: as long as they continue to calling the dollar the looney i love that. canadians have the best sense of humor. so funny, delaying sequestration, president heard a couple minutes ago, urging congress to pass a deal to delay the automatic spending cuts. ashley webster and tracy byrnes have the latest next. at a dry cleaner, we replaced...
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Feb 5, 2013
02/13
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this is killing people intentionally and the obama administration thinks that's just fine under these circumstances. the same people who were so mad about what president bush was doing. >> this is not going anywhere. jeff toobin, thank you. tom juneau, thank you, both, very much. >> thanks for having me. >>> and this one today, olympic skier lindsey vonn took a frightening tumble in this championship race in europe. and then she caught a ride, look at this, from a helicopter. talk about dramatic. here she goes to safety. lindsey vonn, the face of women's skiing, dangling precariously here by a rope from this medevac helicopter. lindsey vonn, on her way to a hospital in austria, where doctors say she suffered some sort of serious knee injury. let's go to london and talk more about this with cnn's christina mcfarland. what happened? >> well, for anyone that might have seen the video earlier of the crash, brooke, it really was horrific. she seemed to buckle on her right knee as she was going down the super g race, just as she came over a jump. and had to be airlifted to hospital. so it i
this is killing people intentionally and the obama administration thinks that's just fine under these circumstances. the same people who were so mad about what president bush was doing. >> this is not going anywhere. jeff toobin, thank you. tom juneau, thank you, both, very much. >> thanks for having me. >>> and this one today, olympic skier lindsey vonn took a frightening tumble in this championship race in europe. and then she caught a ride, look at this, from a...
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Feb 5, 2013
02/13
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justice department report attorneys for the obama administration write it would be lawful to kill a u.s. citizen if a lie-level government official decides the target is a member of al qaeda who also poses a threat to the u.s. it's the most detailed analysis yet to be made public regarding the obama legal team's views about the lawfulness of killing an american citizen without a trial. >>> a new report claims more than 50 nations were involved in torturing terrorism suspects in the years following the 911 attacks. that report was released today by the open society justice initiative. it's a human rights organization. the report says 54 nations hosted cia locations where prisoners faced harsh interrogation methods, including torture. those nations, according to the report, included egypt, libya and syria. >>> well, a bill to improve securities at american embassies overseas has passed the senate. it's now headed to the house. the measure comes after embassy chris stevens -- ambassador chris stevens and three other citizens in killed in libya. a suicide bomber killed a guard an injured a
justice department report attorneys for the obama administration write it would be lawful to kill a u.s. citizen if a lie-level government official decides the target is a member of al qaeda who also poses a threat to the u.s. it's the most detailed analysis yet to be made public regarding the obama legal team's views about the lawfulness of killing an american citizen without a trial. >>> a new report claims more than 50 nations were involved in torturing terrorism suspects in the...
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Feb 6, 2013
02/13
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it's also a question i think as this administration, the obama administration has done, of expanding it to include wounded soldiers and looking at ways that we can support even more veterans, so in the same way that president clinton had to look at the times when we were in office, we have to examine these new times when the reality is people are working longer and harder, and it's difficult to access the law so we need to ask ourselves what we can do differently. >> 20-year anniversary of fmla, can you believe that 1993 seems like just yesterday? why do you think this law is so important? >> the reason president clinton has people tell him it's appreciated, 100 million families have used it, 14,000 in 2011. this is a law that affect all strata of american society. the problem we have and mika has written about this in national memo is we're far behind other countries in this. far behind when it was passed and far behind the benefits -- >> how is in a? how are we behind? >> other countries have paid leave. they have paid leave for dads as well as moms when a pregnancy is -- a baby is
it's also a question i think as this administration, the obama administration has done, of expanding it to include wounded soldiers and looking at ways that we can support even more veterans, so in the same way that president clinton had to look at the times when we were in office, we have to examine these new times when the reality is people are working longer and harder, and it's difficult to access the law so we need to ask ourselves what we can do differently. >> 20-year anniversary...